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  • With resistance solidifying in what appears to be Wave 4 of a potential leading diagonal wave (refer to the orange circle), it may be wise to entertain the notion that Bitcoin has potentially reached its peak for 2024 unless bulls manage to drive the price back above $72K in the coming days. Should this scenario unfold, we could anticipate a significant downward trend for Bitcoin over the next couple of years. Projected Target? $5.00

  • When the $37K threshold is breached, head towards the valley where Bitcoin awaits.